COPP vs. HG=F
Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and Copper (HG=F).
COPP is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Copper Miners Index - Benchmark TR Net. It was launched on Mar 4, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPP or HG=F.
Correlation
The correlation between COPP and HG=F is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
COPP vs. HG=F - Performance Comparison
Key characteristics
COPP:
32.67%
HG=F:
22.38%
COPP:
-30.06%
HG=F:
-62.54%
COPP:
-25.33%
HG=F:
-10.53%
Returns By Period
In the year-to-date period, COPP achieves a 2.15% return, which is significantly lower than HG=F's 13.75% return.
COPP
2.15%
-1.50%
-10.12%
N/A
N/A
N/A
HG=F
13.75%
5.83%
9.53%
18.46%
11.63%
5.78%
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Risk-Adjusted Performance
COPP vs. HG=F — Risk-Adjusted Performance Rank
COPP
HG=F
COPP vs. HG=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Copper (HG=F). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
COPP vs. HG=F - Drawdown Comparison
The maximum COPP drawdown since its inception was -30.06%, smaller than the maximum HG=F drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for COPP and HG=F. For additional features, visit the drawdowns tool.
Volatility
COPP vs. HG=F - Volatility Comparison
Sprott Copper Miners ETF (COPP) has a higher volatility of 8.36% compared to Copper (HG=F) at 6.64%. This indicates that COPP's price experiences larger fluctuations and is considered to be riskier than HG=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.